The NSB BPO Solutions IPO opening date is September 23, 2025, and the IPO will close on September 25, 2025. The NSB BPO Solutions IPO is a book-built issue. The company will raise approximately ₹77.91 crore through the IPO, which includes a fresh issue of shares worth ₹77.91 crore and an offer for sale of equity shares with a face value of ₹10.
The price band for the NSB BPO Solutions IPO is ₹140 to ₹147 per share. The retail quota is 35%, QIBs 50%, and HNIs 15%. The NSB BPO Solutions IPO will be listed on the BSE on September 30, 2025. The allotment for the NSB BPO Solutions IPO will take place on September 26, 2025.
The company reported revenue of ₹138.54 crore in 2025, compared to ₹128.27 crore in 2024. The company reported a profit of ₹8.54 crore in 2025, compared to ₹4.78 crore in 2024. Based on the financials, IPO investors should invest in IPOs GMP for the long term.
NSB BPO Solutions IPO Details
| IPO Date | September 23, 2025 to September 25, 2025 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Issue Price Band | ₹140 to ₹147 per share |
| Lot Size | 1,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 53,00,000 shares (aggregating up to ₹77.91 Cr) |
| Reserved for Market Maker | 2,65,000 shares Alacrity Securities Ltd. |
| Net Offered to Public | 50,35,000 shares (aggregating up to ₹74.01 Cr) |
| Issue Type | Book building IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 1,46,72,593 shares |
| Share Holding Post Issue | 1,99,72,593 sh |
NSB BPO Solutions IPO Market Lot
The NSB BPO Solutions IPO minimum market lot is 2,000 shares with ₹2,94,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 2,000 | ₹2,94,000 |
| Retail Maximum | 2 | 2,000 | ₹2,94,000 |
| S-HNI Minimum | 3 | 3,000 | ₹4,41,000 |
| S-HNI Maximum | 6 | 6,000 | ₹8,82,000 |
| B-HNI Minimum | 7 | 7,000 | ₹10,29,000 |
IPO Reservation
| Investor Category | Share Offered | % Shares |
| Market Maker Shares Offered | 2,65,000 Shares | 5% |
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | 53,000 Shares | 1% |
| NII Shares Offered | 24,82,00 Shares | 46.83% |
| Retail Shares Offered | 25,00,000 Shares | 47.17% |
NSB BPO Solutions IPO Dates
The NSB BPO Solutions IPO date is September 23 and the close date is September 25. The NSB BPO Solutions IPO allotment will be finalized on September 26 and the IPO listing on September 30.
| IPO Open Date: | September 23, 2025 |
| IPO Close Date: | September 25, 2025 |
| Basis of Allotment: | September 26, 2025 |
| Refunds: | September 29, 2025 |
| Credit to Demat Account: | September 29, 2025 |
| IPO Listing Date: | September 30, 2025 |
| IPO Bidding Cut-off Time: | September 25, 2025 – 5 PM |
Promoters and Holding Pattern
The promoters of the company are Narendra Singh Bapna.
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 1,46,72,593 | 43.85% |
| Promoter Holding Post Issue | 1,99,72,593 | 33.63% |
Objects of the Issue & Utilisation of proceeds
| Purpose | Crores | % |
| Re-payment/pre-payment, in full or in part, of certain borrowings availed by the Company | 26.10 | -% |
| Funding Capital expenditure for new project | 13.38 | -% |
| Additional Working Capital requirements for the existing business | 11.36 | -% |
| Long-Term Working Capital requirements for the new project | 20.53 | -% |
| General Corporate Purposes | – | -% |
| KPI | Values |
| ROE: | 7.92% |
| ROCE: | 9.42% |
| EBITDA Margin: | 13.62% |
| PAT Margin: | 7.98% |
| Debt to equity ratio: | 0.17 |
| Earning Per Share (EPS): | ₹7.53 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 7.92% |
| Net Asset Value (NAV): | ₹95.09 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Eclerx Services Ltd | 112.07 | 39.70 | 23.45% | 484.35 | 3452.39 Cr. |
| Firstsource Solutions Ltd | 8.42 | 42.93 | 14.51% | 58.80 | 7,979.45 Cr. |
| One Point One Solutions Limited | 1.35 | 32.59 | 8.19% | 15.41 | 270.17 Cr. |
NSB BPO Solutions Ltd. Financial Information (Restated Consolidated)
NSB BPO Solutions Ltd.'s revenue increased by 8% and profit after tax (PAT) rose by 79% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 175.12 | 147.85 | 210.70 |
| Total Income | 138.54 | 128.27 | 285.15 |
| Profit After Tax | 8.54 | 4.78 | 2.21 |
| EBITDA | 18.87 | 12.98 | 8.14 |
| NET Worth | 135.06 | 103.95 | 78.58 |
| Reserves and Surplus | 124.85 | 93.99 | 102.20 |
| Amount in ₹ Crore | |||
About NSB BPO Solutions IPO
NSB BPO Solutions is one of the leading companies providing business process outsourcing (BPO) services, primarily focused on support services. Additionally, they offer a range of services, including customer service and helpline call centers, telesales, payment follow-up, document digitization, application and KYC form processing, record storage and management, payroll management, and more. Furthermore, the company believes that regular investment in infrastructure and technology is crucial to providing better services.
Currently, the company has no operations outside India, focusing on domestic business, along with providing satisfactory services and customer satisfaction.
In addition to BPO services, NSB BPO also trades in everyday commodities such as pulses, sugar, rice, dried fruits, fruits, and vegetables. The company utilizes its extensive network to purchase these products and sell them to other businesses. Solutions IPO Valuation - FY 2025
View NSB BPO Solutions IPO valuation details such as earnings per share (EPS), price/earnings P/E ratio, return on net assets (RONW), and net asset value (NAV).